Alert: New Earnings Report (10/28/24)-Crane Holdings Co (NYSE: CR).

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Crane Holdings Co (NYSE: CR) has reported E.P.S. of $1.35 for its third fiscal quarter (ending September 30) versus $0.97 for the same period a year ago — an increase of 39%. For the latest four quarters through September 30, E.P.S. were $4.61 versus $3.43 for the same period a year ago — an increase of 34%.

Recent Price Action

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Crane Holdings Co (NYSE: CR) stock enjoyed a large increase of 2.2% on 10/28/24. The stock closed at $152.39. Moreover, this advance was accompanied by exceptionally high trading volume at 209% of normal. The stock has been strong relative to the market over the last nine months but has declined -4.6% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, CR is expected to continue to be a major Value Builder.

Crane Holdings has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Crane Holdings has a very low Appreciation Score of 11 but a very high Power Rating of 86, and the Low Neutral Value Trend Rating results.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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